Hi guys... Wanna ask: Do you guys know when will GOB award the rights issue + free warrants? Also, at which point will they award those rights issue + free warrants? Like for shareholders registered as of what date?
saturn don't be too harsh on kancs, he / she is just a newbie trying to learn more about investing, which I think is a fantastic thing for young people to do
OTB is right when he mentioned in one of his post before that certain rich people in this forum like to bully people. You are obviously one of them
I previously cannot understand why people can be so stupid to buy high sell low. But after I read his recent write up at E&O thread, I know how dumb he is.
How can somebody possibly think like that ? (the crap writeup below the line)
SaturnY : Remember my story on the bullet train from Singapore to Penang. Pls be mindful of the value as there is no value that can be put into related stock once the approval goes thru. I once said to invest in property stock because it's a hedge during difficult times especially in Malaysia. Then ppl thought it was a deliberate act to get buyers into this counter though II did not mention a counter name but as general property.
Lesson 23: there is really no need for investor to get public support for the counter he invested in. The game to get ppl to buy in a stock is closer to a traders game. When ppl support a stock, what it does is two things. One the stock price goes up because of sudden demand and lack of seller. And two the stock price is supported. I generally prefer no. Two because in all cases, there are only so many buyers amongst the 1800+ counters and they are spread out and not necessary be looking at ur counter.
Once this buyers rush in to buyer and willing to commit to higher price, there will be a vacuum where the incline price will not be supported.. This can be due to recommendation fr investment houses or broker/remisier base on a herd mentality. Hence eventually the price drops.
Now what I m looking for daily is simple. 3 things 1) opening price 2) price with the highest volume 3) closing price
No 3) is the most important if high volume is accorded. I see it live daily because it give me the effect on the intensity as oppose to the chart. When a price fluctuate during the day but ends very strong, the chances of demand is good the next trading day as buyers are willing to commit to sellers price to move it up strong. This indication is even better if the volume base on that price is very high and form a support later.
As most buyers have limits in their buying ( not unless they have uncle lim as god father) there is just so many you can buy right? And so many counters to choose hence when buying it is important to see the volume in the buy and sell queue. Those off radar may not be in the queue. What they do is the buy at immediate buyer and seller price and ensure it's less than the volume in queue so that it does not change position whether up or down due to them. Example. If I want to buy at seller price, and seller queue at 300k volume.....I will make sure I buy only 200k so that position doesn't change. This is collection method not to arouse a sudden incline.
The above method is also use in business trade like gold in the global market and another method is to use proxy.
Soon lesson 24: how to play the dribble between price to sustain the price mechanism. For this one, I would like all to tune their mind and accept that you cannot fight market as the volume for market just cannot be manipulated by our level and even multimillion air unless will to lose big to support. However for a non performing counter with low volume , it can be done. We have seen recently Ioi boss did it. We have seen Daibochi even pushing it up....... 19/04/2014 01:30
I ok if you say I am Saturn. Because deep down you guys want to be like him but can't weh. Write only drop 10cents and icon is only worth 2cents ...he said it himself
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
dingding
843 posts
Posted by dingding > 2014-04-23 16:23 | Report Abuse
is correction now... dont jump in.. overbought